Gas Powered CEO Says Kickstarter Running Out of Steam

Gas Powered Games recently cancelled their Kickstarter project Wildman four days before it was scheduled to end. The reason being that there was little hope of reaching the $1.1 million needed, when Gas Powered Games had only raised half of that amount with four days left. This has left their CEO Chris Taylor a little despondent, saying that Kickstarter is basically running out of steam.

Taylor citing his own project as evidence that the people are just “fatigued” on the whole crowd funding, and that a lot of people have already invested in projects and are waiting for them to be released before investing in another project.

Taylor went on to say that Kickstarter is “wearing itself out” and that a lot of the projects on Kickstarter were successful because they didn’t ask for as much as they really need for their game to get complete. This way the development team is more likely to reach their Kickstarter goal, but Gas Powered Games Taylor said wanted to be more realistic about how much they needed to complete the game. This is why Taylor and his team at Gas Powered Games decided on $1.1 million.

He went on to say that console games are going to hit a wall soon, because it is just too difficult to fund games nowadays. Taylor mentioned back in the 90’s when you could walk into a publisher and they would literally give you the money, and even if you went over your budget they would cover you.

It is understandable that Taylor is a little despondent after not having met his Kickstarter goal, but do you agree with him that Kickstarter is running out of steam?